Monday SITREP: Global Ratings

Good morning

🇮🇳 🇵🇰 India - Pakistan Ceasefire Holds, Talks Planned

India and Pakistan's US-brokered ceasefire appears to be holding after four days of intense cross-border shelling and aerial attacks that threatened to escalate into full-scale war. India has reopened 32 civilian airports previously closed due to safety concerns, while both nuclear-armed nations claim military victory despite dozens of casualties. Top military officials from both sides are meeting Monday to discuss ceasefire details, with both countries maintaining vigilance and warning against violations. More - BBC

🇹🇷 PKK Lays Down Arms

The Kurdistan Workers' Party (PKK) announced plans to disband and disarm, potentially ending four decades of conflict with Turkiye that has claimed tens of thousands of lives. The decision follows a February call by jailed PKK leader Abdullah Ocalan to lay down arms and comes amid broader regional changes. Turkiye's ruling AK Party called it a potential "turning point" if all PKK branches and affiliates are terminated, though questions remain about implementation and the future of PKK fighters. More - Al Jazeera

🇺🇸 🇨🇳 US & China Cut Tariffs

US and China have agreed to temporarily slash tariffs for 90 days, reducing US duties from 145% to 30% and Chinese duties from 125% to 10%. The three-month period gives both sides time to negotiate a broader agreement while calming tensions between the world's largest economies. Treasury Secretary Scott Bessent indicated the truce could be extended with "good faith effort" and constructive dialogue. More - Bloomberg